Well, its nice to see that LVCA is still moving forward even with the price of gold falling, the local Kunanga village council, NEMC and district officials accepts mining project in this latest video. If their timing is right, they will be ready to go when gold turns up again...all in @.19

http://blog.lakevictoriaminingcompany.com/

My question is why there is no insider buying at these prices??????

Its all manipulated by the MM's (most likely illegally). This type of price action won't improve until volume becomes heavy on the buy side.

I don't know where you got those names but, they are nowhere to be found on LVCA's current management team.
http://www.lakevictoriaminingcompany.com/corporate/management/

Just added 25K today.

Nice volume today, new video in Media Room covers the anticipated numbers and outlines the business plan.

http://blog.lakevictoriaminingcompany.com/

News Out: http://finance.yahoo.com/news/lake-victoria-reports-positive-gold-132000533.html

What did you read? I could not access any material from that proxy vote site even with my code I was emailed.

on margin...

There is no rule of law anymore for the ones in charge, no usury laws, no uptick rule, no Glass Steagle act separating commercial and investment banks, there are moral hazards everywhere, there have been zero criminal prosecutions for the fraud committed on wall street by bankers and traders, there are only fines, which merely become the cost of doing business. Our leaders wipe their asses daily with our constitution and bill of rights and nobody wants to talk about it, our media is nothing but a bunch of lap dogs for the progressives in Washington, I just want to get my money back from this company before everything collapses.

Of coarse it is manipulation, where have you guys been, this OTC market is an absolute JOKE!

Yes, an average head grade of bulk sample @ 7.24gpt with 80% recovery rate posssible, this is very good being that recovery costs are going to be low anyways.

Another new video today, we're getting closer.I must admit this has got to be an unprecedented way of keeping investors informed and excited, whats kool is it is so "hands on".

http://blog.lakevictoriaminingcompany.com/

I'll check it out...

A couple more message boards to visit...

http://finance.yahoo.com/mb/LVCA/

http://www.stockhouse.com/companies/bullboards/lvca?s=LVCA&t=LIST

I don't know, I bought all I wanted @ .16, I won't be getting in any deeper until I see a confirmed reversal, then I'll be finding out for myself. I see blocks of 10K coming and going all the time, I would email David K. at LVCA and ask him about it.

Good video, thanks, the gold in that area must be very fine. The way the pps is climbing should be generating some interest.

Well normally I would say there are MM games being played, maybe so but, I think it is in part due to efforts by management to get some trading activity going, pps is up, I guess I'm all for it. When gold turns up again, which is all but guaranteed and if management doesn't screw it up, LVCA should be well positioned for a pop.

Yep, good information indeed, the thing about our deposits is that they are shallow, keeping recovery costs low. 300T per day operation could equate to 50+ ounces per day, 12,500+ ounces per year = $18,750,000+ per year minus costs.

Yesterday it took 10K buy side orders to raise pps .01, today a single 2.5K sell order raised pps .01, I don't get it?

Definition of illiquid: That which cannot quickly and easily be converted into cash, such as real estate, collectibles, and thinly traded securities.

The state of a security or other asset that cannot easily be sold or exchanged for cash without a substantial loss in value. Illiquid assets also cannot be sold quickly because of a lack of ready and willing investors or speculators to purchase the asset. The lack of ready buyers also leads to larger discrepancies between the asking price (from the seller) and the bidding price (from a buyer) than would be found in an orderly market with daily trading activity.

Thanks for the info #1, I'm in the U.S., maybe that's the difference.

I did't know there were restrictions like that, I've seen other OTC low volume stocks sell very large blocks out of nowhere (HNDI for example), temporarily pumping up the price.

Did you see the latest "media room" clip, pretty interesting, I don't think anyone else is doing anything like this.

I've also been watching our neighbors HNDI over time and use to think they had more going on than LVCA, boy am I glad I stayed with LVCA, that stock was clearly the scam.

Seems to be slowly melting up.

This month

I think .40 will pretty much be the bottom, you did well 'koon',I went all in at .52 but, no worries. I will not be changing my position either way until I see a confirmed reversal.

Recent Analysis Quote:

Lake Victoria Mining is high risk / high return stock. They have not yet found a mine, but they own 9 properties in Tanzania on 50,000 acres that have a lot of potential. Lake Victoria Mining has a fully diluted market cap of only $11 million, so the upside potential is very high. If they do find their first mine, they are going to have large pipeline of drill targets to find their next mine. The risk is that they run out of money before they find their first mine, or how long it takes. In Africa, most of the mines are shallow with low capex, so if they find something they could be mining in less than 4 years after discovery. Most of their properties are in good locations near existing mines. Tanzania is the 4th largest mining country in Africa with 45 million oz in reserves, so finding a mine is a significant possibility. I also like the management team and the fact that they own 25% of the company. This is a good company to watch, but I would not invest until they find their first mine.

NEWS OUT...

Claude Resources Meets Production Guidance in 2012

SASKATOON, Jan. 21, 2013 /CNW/ - Claude Resources Inc. (TSX-CRJ; NYSE MKT-CGR) ("Claude" and or the "Company") today reported 2012 gold production of 49,570 ounces from its Seabee Gold Operation in Saskatchewan, Canada . In 2012, the Seabee Gold Operation achieved record mill throughput of 275,230 tonnes at a head grade of 5.86 grams per tonne. During the fourth quarter, the Company produced approximately 12,760 ounces of gold at a grade of 5.94 grams per tonne. Year over year, the Company increased production by approximately 10 percent and expects that trend to continue compounded over each of the next five years.
Neil McMillan, President and CEO, stated, "During the second half our people did an excellent job focusing on the execution of the Company's business plan and meeting guidance. The Seabee Operation underwent significant infrastructure expansion in 2012 including camp expansion, mill upgrades and a shaft extension. In 2013, we expect to complete the shaft extension in January and will continue to focus on increasing production and improving operating margins."
Outlook for 2013
At the Seabee Gold Operation in 2013, the Company plans to produce between 50,000 and 54,000 ounces of gold with ore mined from the Seabee Deep, L62 and Santoy 8 deposits. With the completion of the shaft extension and as production increases, Claude is well positioned to achieve improved economies of scale and reduced unit operating costs.
The Company is developing a detailed mining plan based on the recently updated Santoy Gap Indicated resource of 281,000 ounces of gold at 8.80 grams per tonne and Inferred resource of 357,000 ounces of gold at 5.92 grams per tonne. The results of this analysis will be integrated into the Seabee Operations' Life of Mine Plan. The Company expects to see initial production from the Santoy Gap in the second half of 2014. In addition, development of an exploration drift towards the Santoy Gap from Santoy 8 is progressing well and will include three drill chambers to infill and expand the known resource. 2013 exploration at the Santoy Gap is expected to begin during the first quarter with one surface and one underground drill.

I did as well @ .53, looking to buy 10K more as soon as my deposit hits A-Trade.

I managed to average down to.19 from .27

I don't know paysteak, the games MM's play (especially in OTC markets) I don't think could ever be understood without actually being one. It should be illegal as it used to be in the regular markets but, as we all know in this crony (corrupt) capitalistic economy (with no proper SEC oversight), unfortunately it is now the new norm.

Nobody is commenting on todays ramp job anywhere, do they all know it was a head fake?

Thanks MRDALE, saw this CGR FB quote on Yahoo...

"Claude Resources Inc.
4 hours ago
Happy New Year! We are excited for new developments at Amisk and Madsen and increased production at the Seabee Gold Operation in 2013."

Paysreak, here is a record of Roger Newells purchases and options. Type LVCA in the free search box to review all managements stock activities.

http://www.secform4.com/insider-trading/1205071.htm

Nice job averaging down to that point.

Nice buy side volume today, maybe it was tax loss selling...

Well I just bought in @ .52, lets hope some of this was tax loss selling and that CGR management has something up their sleeves for continued financing in the new year.

Where is everyone...

Someone is accumulating shares @.04, small amounts but, steady...